Nihon Shokuhin Kako Co. Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, came to a loss of ¥38.62 per share, compared with a loss of ¥35.70 per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of ¥190.0 million, compared with a loss of ¥175.6 million in the prior-year period.
The normalized profit margin declined to negative 1.5% from negative 1.3% in the year-earlier period.
Total revenue fell 6.9% year over year to ¥12.87 billion from ¥13.82 billion, and total operating expenses decreased 6.5% on an annual basis to ¥13.25 billion from ¥14.17 billion.
Reported net income totaled a loss of ¥125.0 million, or a loss of ¥25.41 per share, compared to a loss of ¥165.0 million, or a loss of ¥33.54 per share, in the prior-year period.
As of Feb. 10, US$1 was equivalent to ¥119.28.
